CapEx News - May 2024

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Project News & Updates - May 2024


Grasim Industries Ltd starts paint plants at three locations
Chemicals  -  May 06,2024
Grasim Industries Limited's paint plants in Ludhiana, Panipat, and Cheyyar started commercial production on April 30th. They will manufacture various paints, catering initially to domestic market .


NHPC, Ocean Sun sign MOU to explore floating Solar Tech in India
Power Generation  -  May 03,2024
NHPC Limited, a renewable energy giant, partners with Norwegian company Ocean Sun to explore floating solar energy technology in India. The collaboration aims to demonstrate Ocean Sun’s innovative t .


RVNL emerges lowest bidder for Eastern Railway project
Infrastructure  -  May 03,2024
Rail Vikas Nigam Limited (RVNL) secured the bid for the Sitarampur bye pass line construction project under Eastern Railway. Costing Rs 390.97 crore, the project is slated for completion in 24 months. .


Suburban rail connection to Kempegowda airport from Doddajala station likely
Infrastructure  -  May 03,2024
Rail Infrastructure Development Company (Karnataka) (K-Ride) plans a Bengaluru suburban rail project (BSRP) route extension to Kempegowda International Airport (KIA) from Doddajala, deviating from the .


Haldia Petrochemicals selects Lummus Technology for digitalisation of ethylene plant
Petroleum  -  May 03,2024
Lummus Technology secures a contract from Haldia Petrochemicals Ltd. (HPL) for digitalization services at HPL's ethylene plant in West Bengal, India. Ujjal Mukherjee, CTO of Lummus, highlights th .


Gujarat Toolroom to invest Rs 572 crore
Power Generation  -  May 03,2024
Gujarat Toolroom has acquired a 65-acre land parcel in Gujarat for a green energy project, investing Rs 572 crore. The Hybrid Power Plant aims to contribute 97.5 megawatts of clean electricity to the .


Tender floated for BG line for Tumkur-Chitradurga-Davangere rail project
Infrastructure  -  May 03,2024
The South Western Railway seeks bids for the Tumkur-Chitradurga-Davangere rail project in Karnataka, spanning 41 km. The project includes electrical, signal, and telecommunication works, with completi .


Bed capacity to raise in upcoming Damani hospital in Mumbai to 1,000
Hospitality and Healthcare  -  May 03,2024
Union Minister Piyush Goyal met with hospital management in Borivali, Mumbai, deciding to increase total beds from 400 to 1,000 due to rising healthcare needs. The Damani multi-specialty hospital, fun .


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